Yeah I dont think the main goal was to make the world a more equal place (although it could have been) I too think the main goal was taking power away from a few hands and I think for the most part we have done that.
Sure there are big mining operations ongoing but that doesnt mean the level of decentralization is bad. I feel much more comfortable having my money in bitcoin than I do a traditional bank and that is due to the way the
network is setup. It is very secure and I couldnt envision the future of money any other way now
Topic: The primary idea of bitcoin - page 11. (Read 1355 times)
Maybe this sounds strange but I think that Satoshi didn't have so big plans for bitcoin like it has developed now. Probably the idea was to introduce the new technology and some virtual currency in new virtual era, to give people some alternative to traditional fiat currencies and centralized finances. Maybe even Satoshi didn't expected that bitcoin will achieve so big success out of nothing.
But I'm sure he didn't want limit bitcoin just to certain groups of people and that only few profit out of it but things often turn out different than we want them.
But I'm sure he didn't want limit bitcoin just to certain groups of people and that only few profit out of it but things often turn out different than we want them.
First of all, the idea of bitcoin was to become a currency. Nowadays, everyone perceives it as some magical asset that yields profits out of nowhere. It's sad that people are afraid to spend bitcoins, because "it may be worth more in the future", so they just keep it in their wallets or speculate it on exchanges. I don't see many actual usages of bitcoin, there are not many shops or places where you can use it. Everyone sees bitcoin as successful because of it's price, but in my opinion it fails as a currency. The fees are high and there are no enough places to spend it.
I think he/she might have suffered from government, banks and other financial institutions policies in gaining access to he/her own money in the bank. Which might lead him/her to undo them buy creating a decentralized system that is today affecting banks and others
I think the main goal was decentralization, which we are accomplishing nicely.
Hello,
I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.
I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...
And finally happened what happened, rich got only very small percentage, while others live as they lived before...
What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?
I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.
I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...
And finally happened what happened, rich got only very small percentage, while others live as they lived before...
What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?
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